Companies like Godrej Consumer Products, Dabur, and Emami said price-led growth will be back for the industry. Dabur said it has just taken a price increase by 2.5% for the food portfolio, while Emami said it is looking at around 3% price hikes this year.
Fmcg: Companies like Godrej Consumer Products, Dabur, and Emami said price-led growth will be back for the industry. Dabur said it has just taken a price increase by 2.5% for the food portfolio, while Emami said it is looking at around 3% price hikes this year.
The FMCG market growth rate is expected to improve next fiscal. Godrej is evaluating options to expand its presence in the hair care market. Demand for premium products is high. The company has recently launched an anti-mosquito agarbatti targeting the mass market.
FMCG firms report single-digit volume growth with better margins in December quarter thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.